Control Status. The Collateral Custodian is not an Affiliate of either the Issuing Entity, the Grantor Trust, the Administrator or the initial Servicer, and covenants and agrees that prior to any such affiliation in the future, the Collateral Custodian shall promptly notify the Indenture Trustee for further distribution to the Noteholders.
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Samples: Collateral Custodian Agreement (Carvana Auto Receivables Trust 2022-P2), Collateral Custodian Agreement (Carvana Auto Receivables Trust 2022-P2), Collateral Custodian Agreement (Carvana Auto Receivables Trust 2022-P1)
Control Status. The Collateral Custodian is not an Affiliate of either the Issuing Entity, the Grantor Trust, the Administrator or the initial Servicer, and covenants and agrees that prior to any such affiliation in the future, the Collateral Custodian shall promptly notify the Indenture Trustee for further distribution to the Noteholders.. CRVNA 2022-P3 Collateral Custodian Agreement
Appears in 2 contracts
Samples: Collateral Custodian Agreement (Carvana Auto Receivables Trust 2022-P3), Collateral Custodian Agreement (Carvana Auto Receivables Trust 2022-P3)
Control Status. The Collateral Custodian is not an Affiliate of either the Issuing Entity, the Grantor Trust, the Administrator or the initial Servicer, and covenants and agrees that prior to any such affiliation in the future, the Collateral Custodian shall promptly notify the Indenture Trustee for further distribution to the Noteholders.. CRVNA 2024-P2 Collateral Custodian Agreement
Appears in 2 contracts
Samples: Collateral Custodian Agreement (Carvana Auto Receivables Trust 2024-P2), Collateral Custodian Agreement (Carvana Auto Receivables Trust 2024-P2)
Control Status. The Collateral Custodian is not an Affiliate of either the Issuing Entity, [the Grantor Trust, ,] the Administrator or the initial Servicer, and covenants and agrees that prior to any such affiliation in the future, the Collateral Custodian shall promptly notify the Indenture Trustee for further distribution to the Noteholders.
Appears in 1 contract
Samples: Collateral Custodian Agreement (Carvana Receivables Depositor LLC)
Control Status. The Collateral Custodian is not an Affiliate of either the Issuing Entity, the Grantor Trust, the Administrator Borrower or the initial Servicer, and covenants and agrees with the Administrative Agent that prior to any such affiliation in the future, the Collateral Custodian shall promptly notify the Indenture Trustee for further distribution to the NoteholdersAdministrative Agent.
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